OTT platforms can’t replace multiplexes, theatres: Subhash Ghai

Mumbai: Noted filmmaker Subhash Ghai has said that OTT platforms have expanded during the pandemic, but they cannot become an alternative to multiplexes and cinema halls in the country. He was speaking at a webinar organised by Abhilasha Production in collaboration with National Skill Development Council.

Ghai, however, emphasised that the digital platform has created “a new world” for the skilled youngster and content curator. “Now you can become an actor, director and entrepreneur. If the content is powerful then it is easy to get monetisation. A producer is ready to invest in your content,” he added.

During the webinar, the speakers highlighted that the OTT platforms have emerged as the biggest means of entertainment during the lockdown. According to statistical data, the subscription revenue of the OTT platforms was Rs 1,200 crore in 2019 and is estimated to reach Rs 7,400 crore by 2024.

Correspondent

Recent Posts

India-Bangladesh Border Talks Focus on Fencing, Infiltration

The India-Bangladesh DG-level border talks will address border fencing, infiltration, and cross-border crimes, marking the…

26 minutes ago

Shortest Work-Week Nation Prepares for Snap Election

Vanuatu, known for its 24.7-hour work week, holds elections tomorrow following a devastating earthquake. Recovery…

52 minutes ago

Hamas Yet To Respond To Gaza Ceasefire Deal Amid Continued Mediation Efforts

Talks for a Gaza ceasefire deal continue with Israel and Hamas, but Hamas' lack of…

1 hour ago

Indira Gandhi Bhawan: A Fresh Start for Congress or Just Another Landmark?

After a prolonged wait, Congress finally inaugurated its long-awaited permanent headquarters on Wednesday, a significant…

1 hour ago

SC Questions Punjab’s Claim on Farmer Leader Dallewal’s Health Amidst 49-Day Hunger Strike, Seeks AIIMS Opinion; Urges Swift Resolution to Farmers’ Demands

Expressing concerns over the deteriorating health of farmer leader Jagjit Singh Dallewal, who has been…

1 hour ago

Nearly 50,000 International Students Missing In Canada, India Tops The List, Raising Visa Concerns

Nearly 50,000 international students are missing from Canadian colleges and universities, with Indian nationals making…

2 hours ago